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Supplemental Financial Information (Tables)
6 Months Ended
Sep. 30, 2019
Supplemental Financial Information  
Schedule of inventories

 

 

 

 

 

 

 

 

 

 

 

September 30, 

 

March 31, 

 

    

2019

    

2019

 

 

 

(In thousands)

Materials and supplies

 

$

1,234

 

$

1,517

Work in process

 

 

71

 

 

356

Finished goods

 

 

1,237

 

 

1,043

 

 

$

2,542

 

$

2,916

 

Schedule of property and equipment, net

 

 

 

 

 

 

 

 

 

 

 

September 30, 

 

March 31, 

 

    

2019

    

2019

 

 

(In thousands)

Equipment

 

$

6,985

 

$

6,444

Leasehold improvements

 

 

3,008

 

 

2,939

Accumulated depreciation

 

 

(7,815)

 

 

(7,418)

 

 

$

2,178

 

$

1,965

 

Schedule of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2019

 

March 31, 2019

 

 

Gross

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

Carrying

 

Accumulated

 

Net Book

 

Carrying

 

Accumulated

 

Net Book

 

    

Amount

    

Amortization

    

Value

    

Amount

    

Amortization

    

Value

 

 

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Technology

 

$

1,856

 

$

(1,856)

 

$

 —

 

$

1,856

 

$

(1,856)

 

$

 —

Customer contracts / relationships

 

 

4,250

 

 

(896)

 

 

3,354

 

 

750

 

 

(750)

 

 

 —

Trade names and non-compete agreements

 

 

1,320

 

 

(1,127)

 

 

193

 

 

1,110

 

 

(1,110)

 

 

 —

Capitalized software development costs

 

 

6,289

 

 

(2,952)

 

 

3,337

 

 

5,768

 

 

(2,482)

 

 

3,286

Total

 

$

13,715

 

$

(6,831)

 

$

6,884

 

$

9,484

 

$

(6,198)

 

$

3,286

 

Schedule of future estimated amortization expense

 

As of September 30, 2019, future estimated amortization expense is as follows:

 

 

 

 

 

 Fiscal Year Ending March 31, 

    

 

 

(In thousands)

 

 

 

Remainder of 2020

 

$

864

2021

 

 

1,412

2022

 

 

1,198

2023

 

 

967

2024

 

 

849

Thereafter

 

 

1,594

 

 

$

6,884

 

Schedule of warranty reserve activity

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

September 30, 

 

    

2019

    

2018

 

 

(In thousands)

Balance at beginning of fiscal year

 

$

461

 

$

403

Additions charged to cost of sales

 

 

372

 

 

409

Warranty claims

 

 

(338)

 

 

(330)

Balance at end of period

 

$

495

 

$

482

 

Schedule of computation of basic and diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

September 30, 

 

September 30, 

 

    

2019

    

2018

    

2019

    

2018

 

 

(In thousands)

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(2,187)

 

$

(1,341)

 

$

(3,759)

 

$

(2,920)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares used in basic computation

 

 

40,493

 

 

33,242

 

 

37,397

 

 

33,221

Dilutive stock options

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Dilutive restricted stock units

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Weighted average common shares used in diluted computation

 

 

40,493

 

 

33,242

 

 

37,397

 

 

33,221

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.05)

 

$

(0.04)

 

$

(0.10)

 

$

(0.09)

Diluted

 

$

(0.05)

 

$

(0.04)

 

$

(0.10)

 

$

(0.09)

 

Schedule of instruments excluded in the computation of diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

September 30, 

 

September 30, 

 

 

2019

    

2018

 

2019

    

2018

 

 

(In thousands)

Stock options

 

5,039

 

4,152

 

5,050

 

4,161

Restricted stock units

 

438

 

137

 

282

 

143